I have said it before, and I’ll say it again – list price is extremely important when it comes to selling your home.
Think of it this way – you walk into a store and you see a jacket you really like but the price tag is far too much. You go back in the store again a few weeks later and it’s still hanging there but it’s been marked down by $50. You still think it’s expensive so decide not to purchase. This continues up until the boxing day sales where the jacket has been marked down by 50%. Do you get where I’m going with this?
When a home is listed it receives a lot of attention during the first 2-3 weeks. It’s important that the home is priced properly and at the same time is show-ready. There’s nothing worse than having an over-priced home that’s in bad shape. The thing I tell my client’s is “think like a buyer” – if you think your home doesn’t look or smell too good, or even priced too high (but you have that feeling that there may be someone dumb enough to pay), chances are potential buyers will think the same. Buyer’s are getting extremely smart and have access to a wide-range of information. It’s just not worth it.
Thanks for reading!